by Jibran Munaf | November 9, 2024 | Economy
Federal Reserve Bank of Minneapolis President Neel Kashkari has suggested that a stronger U.S. economy and increased productivity growth might prompt the Fed to cut interest rates less aggressively than previously anticipated. In his first public comments following...
by Jibran Munaf | November 9, 2024 | Banking, Economy, Green
The Bank of Japan (BOJ) is aiming to keep its inflation target steady at 2% even as it monitors the potential long-term economic effects of climate change, according to Governor Kazuo Ueda. Speaking at a climate impact conference in Basel, Ueda acknowledged that...
by Jibran Munaf | November 9, 2024 | Retail
Following Donald Trump’s presidential election victory, the fashion, beauty, and footwear sectors are bracing for potential disruptions from proposed tariffs on imported goods. Trump has indicated tariffs of 10%-20% on various imports, and as high as 60% on goods from...
by Jibran Munaf | November 9, 2024 | News
Bankrupt cryptocurrency exchange FTX has filed a lawsuit against Anthony Scaramucci and his hedge fund, SkyBridge Capital, as part of its ongoing efforts to recover funds for creditors. The lawsuit, filed in Delaware’s bankruptcy court on Friday, is one of 23 cases...
by Jibran Munaf | November 9, 2024 | politics
Iran’s Foreign Minister, Abbas Araqchi, dismissed allegations from the United States linking Tehran to a plot to assassinate U.S. President-elect Donald Trump. Araqchi rejected the claims, describing them as fabricated and called for a new era of...